Killa|Apr 24, 2026 18:47
BTC
BTC has tested a major structural zone, the February wick high combined with the previous February open.
Put simply: if BTC is going below $60K in the coming months, this large grey box should not be reclaimed from a monthly timeframe perspective.
With the monthly close next week, volatility and fakeouts are likely. If May opens strong and pushes higher early in the month, there’s a good chance that move could mark the pivot high before a bearish May follows.
Either way, a close above resistance does not always mean true acceptance. In a broader macro downtrend, breaks above key levels can often be used to trap late positions.
Given the monthly close is approaching, there’s also a strong chance BTC revisits both the $73K region and potentially $79K.(Killa)
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